Quote:
Originally Posted by jims69camaro
wait... you're trading in an '05 cobalt on a '99 firebird and you have to pay them? they should be paying you.
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Only if it were an SS. Cobalts are a dime a dozen. Do a search for Cobalts under $10,000 in the 50 mile radius and Firebirds with an LS1 and decent mileage under $10,000 in the 50 mile radius. You'll probably get a ratio of about 25:1 (even less if you are looking for a 6spd).
The Cobalt has 44,000 miles on it. Firebird has 65,000. Usually Firebirds with that mileage go for $11,000 to $12,000 sticker around here. They have theirs listed for $9,990, but I want to talk them to $8,000 for the firebird and $5,000 for the Cobalt (besides the Cobalt is only a base model. Cloth seats and crank windows, no cruise control, and manual seats. If it were an LS or LT I'd get plenty more for it.)
If I sold the Cobalt straight up, I MIGHT break even, but with the economy in the shape it's in, nobody has $8,000 to shell out for a car in one shot. And even so, there's many more of them out there with less mileage than the one I have going for $7,000 or so. (Even I got mine with 19,000 miles for $8,000).
If I could find a private seller, I could get a great price on a Firebird, but I need to finance. I only have around $2k right now for a down payment. I wanted to save up $4k but this one seems like too good a deal to let go. Either way, I'll be paying the same amount per month, maybe even $20 less with the Firebird, so it works out either way for me.